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Frontier Communications Corp (FTR.OQ)

FTR.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Frontier Appoints Sheldon Bruha Permanent CFO
Friday, 7 Jun 2019 

June 7 (Reuters) - Frontier Communications Corp ::FRONTIER APPOINTS SHELDON BRUHA PERMANENT CHIEF FINANCIAL OFFICER.FRONTIER GROUP HOLDINGS INC - SHELDON BRUHA HAS BEEN NAMED PERMANENT CHIEF FINANCIAL OFFICER, EFFECTIVE JUNE 3, 2019.FRONTIER GROUP HOLDINGS INC - BRUHA HAD BEEN SERVING AS INTERIM CHIEF FINANCIAL OFFICER SINCE SEPTEMBER 1, 2018..  Full Article

Frontier Communications Reports Q1 Loss Per Share $0.84
Wednesday, 1 May 2019 

April 30 (Reuters) - Frontier Communications Corp ::FRONTIER COMMUNICATIONS REPORTS FIRST QUARTER 2019 RESULTS.Q1 LOSS PER SHARE $0.84.Q1 REVENUE $2.1 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.1 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $-0.38 -- REFINITIV IBES DATA.GUIDANCE FOR 2019 REMAINS UNCHANGED.TARGETING AN ANNUALIZED BENEFIT OF $500 MILLION FROM TRANSFORMATION PROGRAM AS MEASURED AT EXIT OF YEAR-END 2020.  Full Article

Frontier Communications Prices $1.650 Billion First Lien Secured Notes Offering
Wednesday, 13 Mar 2019 

Frontier Communications Corp ::FRONTIER COMMUNICATIONS PRICES $1.650 BILLION FIRST LIEN SECURED NOTES OFFERING.FRONTIER COMMUNICATIONS CORP - PRICED PRIVATE OFFERING OF $1.650 BILLION AGGREGATE PRINCIPAL AMOUNT OF FIRST LIEN SECURED NOTES DUE 2027.FRONTIER COMMUNICATIONS - FIRST LIEN SECURED NOTES WILL BEAR INTEREST AT 8% PER YEAR AND WILL BE SOLD AT A PRICE EQUAL TO 100% OF PRINCIPAL THEREOF.FRONTIER COMMUNICATIONS CORP - SETTLEMENT OF FIRST LIEN SECURED NOTES IS EXPECTED TO OCCUR ON OR ABOUT MARCH 15, 2019.  Full Article

Frontier Communications Announces $1.650 Bln First Lien Secured Notes Offering
Tuesday, 12 Mar 2019 

March 12 (Reuters) - Frontier Communications Corp ::FRONTIER COMMUNICATIONS ANNOUNCES $1.650 BILLION FIRST LIEN SECURED NOTES OFFERING.FRONTIER COMMUNICATIONS CORP - INTENDS TO OFFER $1.650 BILLION AGGREGATE PRINCIPAL AMOUNT OF FIRST LIEN SECURED NOTES DUE 2027 IN A PRIVATE TRANSACTION..FRONTIER COMMUNICATIONS - INTENDS TO USE PART OF PROCEEDS TO REPAY ALL OUTSTANDING INDEBTEDNESS UNDER ITS SENIOR SECURED TERM LOAN A FACILITY.FRONTIER COMMUNICATIONS CORP - ALSO INTENDS TO USE PROCEEDS FROM OFFERING TO REPAY CREDIT AGREEMENT WITH COBANK ACB, WHICH MATURES IN OCTOBER 2021.FRONTIER COMMUNICATIONS CORP - UPON CLOSING OF FIRST LIEN SECURED NOTES OFFERING, CO EXPECTS TO AMEND ITS CREDIT AGREEMENT WITH JPMORGAN CHASE BANK.FRONTIER COMMUNICATIONS- WILL SEEK TO EXTEND MATURITY DATE OF AT LEAST $835 MILLION OF $850 MILLION REVOLVING CREDIT FACILITY FROM FEB 2022 TO FEB 2024.FRONTIER COMMUNICATIONS CORP - MATURITY DATE OF ANY REVOLVER COMMITMENT NOT EXTENDED WILL REMAIN FEBRUARY 2022..  Full Article

Frontier Communications Reports Fourth Quarter And Full Year 2018 Results
Wednesday, 27 Feb 2019 

Feb 26 (Reuters) - Frontier Communications Corp ::FRONTIER COMMUNICATIONS REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS.Q4 LOSS PER SHARE $2.12.Q4 REVENUE $2.12 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.09 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $-0.04 -- REFINITIV IBES DATA.SEES 2019 CAPITAL EXPENDITURES APPROXIMATELY $1.15 BILLION.SEES 2019 ADJUSTED EBITDA $3.45 BILLION TO $3.55 BILLION.  Full Article

At&T Launches New Advertising Company, Xandr
Tuesday, 25 Sep 2018 

Sept 25 (Reuters) - AT&T Inc ::AT&T LAUNCHES NEW ADVERTISING COMPANY, XANDR.AT&T INC - LAUNCH OF XANDR(SM), ITS NEW ADVERTISING COMPANY LED BY CEO BRIAN LESSER.AT&T INC - INKS TWO AGREEMENTS WITH ADDRESSABLE TV PROVIDERS, ALTICE USA AND FRONTIER COMMUNICATIONS.  Full Article

Frontier Communications Temporarily Suspends Operations In Portions Of South Carolina As Hurricane Florence Approaches
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - Frontier Communications Corp ::FRONTIER COMMUNICATIONS TEMPORARILY SUSPENDS OPERATIONS IN PORTIONS OF SOUTH CAROLINA AS HURRICANE FLORENCE APPROACHES.FRONTIER COMMUNICATIONS CORP - SUSPENDED OPERATIONS IN PORTIONS OF SOUTH CAROLINA, STARTING AT NOON ON SEPT. 13, AS HURRICANE FLORENCE APPROACHES.  Full Article

Frontier Communications Says Evaluating Potential CFO Candidates
Friday, 24 Aug 2018 

Aug 23 (Reuters) - Frontier Communications Corp ::FRONTIER COMMUNICATIONS - EVALUATING CANDIDATES TO SERVE AS CHIEF FINANCIAL OFFICER.FRONTIER COMMUNICATIONS - APPOINTED SHELDON BRUHA, CURRENT TREASURER, TO SERVE AS INTERIM CFO.  Full Article

Frontier Communications Reports Q2 Loss Per Share Of $0.92
Wednesday, 1 Aug 2018 

July 31 (Reuters) - Frontier Communications Corp ::FRONTIER COMMUNICATIONS REPORTS 2018 SECOND QUARTER RESULTS.Q2 REVENUE $2.16 BILLION VERSUS I/B/E/S VIEW $2.16 BILLION.Q2 LOSS PER SHARE $0.92.Q2 EARNINGS PER SHARE VIEW $-0.72 -- THOMSON REUTERS I/B/E/S.SAYS GUIDANCE FOR 2018 REMAINS UNCHANGED.  Full Article

Frontier Communications & Communications Workers Of America Reach New Agreement
Monday, 30 Jul 2018 

July 30 (Reuters) - Frontier Communications Corp ::FRONTIER COMMUNICATIONS AND COMMUNICATIONS WORKERS OF AMERICA REACH NEW AGREEMENT, EXTEND CALIFORNIA CONTRACT THROUGH 2020.FRONTIER COMMUNICATIONS CORP - EXTEND EXISTING CONTRACTS BY 18 MONTHS WITH A NO LAYOFF PROVISION.FRONTIER COMMUNICATIONS CORP - UNDER NEW AGREEMENT, FRONTIER HAS AGREED TO EXTEND CURRENT COLLECTIVE BARGAINING AGREEMENTS.FRONTIER COMMUNICATIONS CORP - UNDER NEW AGREEMENT, FRONTIER HAS AGREED PAY INCREASES OF 2.25 AND 2.0 PERCENT.  Full Article

Frontier to sell telecom assets in four U.S. states for $1.35 billion

Frontier Communications Corp said on Wednesday it would sell its telecom assets in four U.S. states for $1.35 billion to private investment firms WaveDivision Capital LLC and Searchlight Capital Partners LLC.